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LaFleur Minerals Advances Beacon Gold Mill Restart and Swanson Project Exploration

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LaFleur Minerals Advances Beacon Gold Mill Restart and Swanson Project Exploration

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LaFleur Minerals ( (TSE:LFLR) ) just unveiled an announcement.

LaFleur Minerals Inc. is advancing the restart of its Beacon Gold Mill in Val-d’Or, Québec, aiming for production by early 2026. The company plans a 5,000-metre diamond drilling program at the Swanson Gold Project to increase its gold resource. The Beacon Gold Mill, with its strategic location near numerous gold deposits and recent refurbishments, is set to capitalize on the current gold market rally. LaFleur is also preparing for a significant bulk sample from Swanson to test its processing characteristics, which will enhance its production capabilities and revenue generation.

The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$0.83 price target. To see the full list of analyst forecasts on LaFleur Minerals stock, see the TSE:LFLR Stock Forecast page.

More about LaFleur Minerals

LaFleur Minerals Inc. is a company in the mining industry, focusing on gold exploration and production. Its primary operations include the Beacon Gold Mill in Val-d’Or, Québec, and the Swanson Gold Project, which is rich in gold and critical metals.

YTD Price Performance: -10.45%

Average Trading Volume: 170,141

Technical Sentiment Signal: Buy

Current Market Cap: C$19.05M

See more insights into LFLR stock on TipRanks’ Stock Analysis page.

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